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CHART: Almost every new Poloniex listing is a memecoin

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Protos took a close look at Poloniex’s last 100 listings and found that almost every single one of those tokens were memecoins. We analyzed the latest 100 listings, from August 23 to October 29. Of these 100 tokens, 94 were memecoins; the remainder were tokenized assets, restaking, AI, and utility tokens. Poloniex publicly claims that its “primary objective is to provide users worldwide with access to the finest crypto assets available .” Well, the “finest” seemingly include such prominent examples as: slop, Fartcoin, Goatseus Maximus, PUSS, and Harambe. Click to enlarge. Read more: Justin Sun reveals Poloniex issues prevent proof of reserves There are also quite a few tokens that seem to represent intellectual property and likenesses that the teams do not actually control. Examples of this type of token include: Elmo, Wukong (the description for the coin makes clear its a reference to Black Myth: Wukong), Caprisun, and Changpeng Zh...

RichQuack Price Skyrockets 70% in 7 Days—Should You Invest Or Switch to Tamadoge?

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Join Our Telegram channel to stay up to date on breaking news coverage Meme coin RichQuack keeps pumping on the back of enormous social media momentum, making it one of the most acquired tokens throughout the whole cryptocurrency market. The hyper-deflationary token has gained around 9% since yesterday, up by 70% since the past week, spiked over 223% since the past 1 month. QUACK’s incredibly powerful burn mechanism and rewards structure, as well as the coin&rsquo ;s enthusiastic social media community, have lured more and more investors into this project. Everything You Need To Know about RichQuack The value RichQuack has increased dramatically over the past 90 days, owing to the efforts of the project’s social media community and the project’s robust underlying foundation. What make RichQuack different from Dogecoin? While the former was created with the purpose of utility, the latter was just designed solely for the purpose of peer-to-peer money. RichQ...

Shiba Inu Price Prediction as SHIB Rallies 6.5% - How High Can it Go?

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Shiba Inu price is moving swiftly north after revisiting lows below $0.00001000. The second-largest meme coin trades at $0.00001044, following a 6.5% climb in 24 hours. Bulls will likely beef up their efforts if SHIB cracks resistance at $0.00001100. Such a move will also invalidate Shiba Inu's extended downtrend within the confines of a falling parallel channel. Shiba Inu price is back on the drawing board but is it time to buy? The falling channel's throughline was handy for SHIB on Thursday after slashing its value by slightly over 5% in a day. Now, all eyes are fixated on the token's ability to break free from the bearish shackles reinforced by the channel's upper boundary. Shiba Inu price bullish breakout could be a matter of when – not if based on insight from the Stochastic oscillator, currently brushing shoulders with the midline. The index has formed a positive divergence from the moving average , a condition that may continue calling sidel...